Current Affairs : 2nd April, 2017


Karnataka gets most supportive govt. award:


     The Government of Karnataka received the most supportive government award-2017 at the International Awards ceremony held in Washington, D.C.

The award was given by WEConnect International, an organisation working to identify, educate, register and certify women’s business enterprises based outside the U.S. Presented in recognition of Chief Minister Siddaramaiah’s dedication to women’s economic development, the award was received by K. Ratna Prabha, Additional Chief Secretary on behalf of the government.

No service charge on train e-ticket till June 30:

          Service tax will be exempted on train tickets booked online for a further period till June 30. To help passengers during the demonetisation months and charge was withdrawn for tickets booked from November 23, 2016 to March 31, 2017.

The exemption has now been extended, a senior Railway Ministry official said. The Information and Technology Ministry advised the Railways to extend the exemption. The service charge ranges from 20 to 40 a ticket.

India seeks $2 billion funding from New Development Bank:


India is seeking $2 billion in funding from the New Development Bank for infrastructure projects and wants the multilateral agency to be nimble footed in disbursing faster loans.

Arun Jaitley said the first agreement for an NDB loan in India to finance major district roads in Madhya Pradesh has been signed on April 2017.

NTPC hits 50 GW generation mark:

IndiaState-owned NTPC has hit 50GW capacity with the commissioning of a 500 MW unit at Unchahar in Uttar Pradesh, taking its total installed capacity to 50,498 MW. NTPC contributes nearly 24% of India’s power generation.

Ranked the world’s third largest power company by coal-based power generation capacity, NTPC is ranked second among independent power producers globally by Platts, according to a company release. 


 China’s 2nd aircraft carrier coming this month, India loses edge:

IndiaFive years agoIndia had two aircraft carriers and China had none. Now, perhaps as early as this month, the People’s Liberation Army (Navy), or PLA(N), will match India in carrier numbers.

Naval analysts believe that, on April 23 — the PLA(N)’s 68th anniversary —  its second carrier will be officially launched.

The new carrier is being named Shandong. While the Liaoning is termed a Type 001 carrier, the Shandong will be categorised Type 001A.

Canada eyes double-digit tourist growth:

          Canada’s tourism board is expecting double-digit growth in tourist arrivals from India in 2017 with the introduction of a new non-stop flight between Mumbai and Toronto.

The Canadian government has stepped up efforts to attract more visitors in 2017, the 150th anniversary of its foundation.


Tamil Nadu gets Rs.1,712-cr drought relief; Rs.1,234cr for Karnataka:

          The Centre has released Rs 1,712.1 crore to Tamil Nadu, Rs 1,447.99 crore is for kharif drought relief and Rs 264.11 crore for cyclonic storm ‘Vardha’ from the National Disaster Response Fund (NDRF) and another Rs 1,235.52 crore to Karnataka for drought.

 SBI gets Rs 1,400 crore loan from European Investment Bank:

The European Investment Bank (EIB) had sanctioned Rs 1,400 crore (EUR 200 million) loan to State Bank of India to fund solar power projects.
The long-term loan will support total investment of EUR 650 million in five different large-scale photo-voltaic solar power projects, EIB. This will contribute to India’s National Solar mission and reduce dependence on fossil fuel power generation. 


IISc researchers’ ecofriendly way of recycling e-waste:


Indian Institute of Science (IISc) researchers have found a novel way to recycle the mounting pile of electronic waste more efficiently and in an environmentally friendly manner.

According to the United National Environmental Programme, about 50 million tonnes of e-waste is generated annually across the world. The new approach is based on the idea of crushing e-waste into nanosize particles using a ball mill at very low temperature ranging from -50 to -150 degree Celsius.


Tapan Singhel re-appointed Bajaj Allianz General CEO for five years:


Bajaj Allianz General Insurance announced that Tapan Singhel, Managing Director and CEO has been re-appointed for a further period of five years, with effect from April 1, 2017.


Bob Dylan finally accepts Nobel Prize, months after ceremony:

After months of uncertainty and controversy, Bob Dylan finally accepted the 2016 Nobel Prize in literature at a jovial, champagne-laced ceremony, the Swedish Academy announced.


Grant Elliott retires from international cricket:

New Zealand all-rounder Grant Elliott has confirmed his retirement from international cricket after signing a deal to play in England’s T20 competition. The 38-year-old confirmed his full retirement from international cricket while receiving a special presentation alongside Nathan McCullum at an award ceremony.

Historical Events of the Day

World Autism Awareness Day:

The ninth annual World Autism Awareness Day is April 2, 2017. Every year, autism organizations around the world celebrate the day with unique fundraising and awareness-raising events.

Theme of 2017:“Toward Autonomy and Self-Determination”. 

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